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Magnite, Inc. (MGNI)
NASDAQ:MGNI
US Market
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Magnite (MGNI) Stock Forecast & Price Target

2,891 Followers
See the Price Targets and Ratings of:

MGNI Analyst Ratings

Strong Buy
13Ratings
Strong Buy
12 Buy
1 Hold
0 Sell
Based on 13 analysts giving stock ratings to
Magnite
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

MGNI Stock 12 Month Forecast

Average Price Target

$28.00
▲(51.27% Upside)
Based on 13 Wall Street analysts offering 12 month price targets for Magnite in the last 3 months. The average price target is $28.00 with a high forecast of $40.00 and a low forecast of $22.00. The average price target represents a 51.27% change from the last price of $18.51.
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22,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":16.23,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 23,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":14.06,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 22,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n    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Highest Price Target$40.00Average Price Target$28.00Lowest Price Target$22.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Wells Fargo Analyst forecast on MGNI
Wells Fargo
Wells Fargo
$21$22
Hold
18.85%
Upside
Reiterated
08/07/26
Wells Fargo Remains a Hold on Magnite (MGNI)
B. Riley Securities Analyst forecast on MGNI
B. Riley Securities
B. Riley Securities
$20$27
Buy
45.87%
Upside
Reiterated
08/06/26
Magnite price target raised to $27 from $20 at B. RileyMagnite price target raised to $27 from $20 at B. Riley
Bank of America Securities Analyst forecast on MGNI
Bank of America Securities
Bank of America Securities
Buy
Reiterated
08/06/26
Analysts Conflicted on These Communication Services Names: Playtika Holding (NASDAQ: PLTK) and Magnite (NASDAQ: MGNI)
Needham
$25
Buy
35.06%
Upside
Reiterated
08/06/26
Needham’s Laura Martin Reiterates Buy on Magnite, Keeps $25 Price Target Unchanged on Strong CTV-Driven Growth
Susquehanna Analyst forecast on MGNI
Susquehanna
Susquehanna
$22$30
Buy
62.07%
Upside
Reiterated
08/06/26
Magnite price target raised to $30 from $22 at SusquehannaMagnite price target raised to $30 from $22 at Susquehanna
Craig-Hallum Analyst forecast on MGNI
Craig-Hallum
Craig-Hallum
$22$28
Buy
51.27%
Upside
Reiterated
08/06/26
Craig-Hallum Sticks to Its Buy Rating for Magnite (MGNI)
Lake Street Analyst forecast on MGNI
Lake Street
Lake Street
$22$25
Buy
35.06%
Upside
Reiterated
08/06/26
Magnite price target raised to $25 from $22 at Lake StreetMagnite price target raised to $25 from $22 at Lake Street
Rosenblatt Securities Analyst forecast on MGNI
Rosenblatt Securities
Rosenblatt Securities
$39$40
Buy
116.10%
Upside
Reiterated
08/06/26
Magnite price target raised to $40 from $39 at RosenblattMagnite price target raised to $40 from $39 at Rosenblatt
Benchmark Co. Analyst forecast on MGNI
Benchmark Co.
Benchmark Co.
$30$33
Buy
78.28%
Upside
Assigned
08/06/26
Analysts Conflicted on These Communication Services Names: Advantage Solutions (NASDAQ: ADV), Criteo SA (NASDAQ: CRTO) and Magnite (NASDAQ: MGNI)
BTIG
$20$27
Buy
45.87%
Upside
Reiterated
08/06/26
Analysts Offer Insights on Communication Services Companies: Magnite (NASDAQ: MGNI) and Warner Music Group (NASDAQ: WMG)
Scotiabank Analyst forecast on MGNI
Scotiabank
Scotiabank
$17$27
Buy
45.87%
Upside
Reiterated
08/06/26
Magnite price target raised to $27 from $17 at ScotiabankMagnite price target raised to $27 from $17 at Scotiabank
Evercore ISI Analyst forecast on MGNI
Evercore ISI
Evercore ISI
$21$25
Buy
35.06%
Upside
Reiterated
08/06/26
Magnite Price Target Raised to $25 on Strong Q2 Beat, CTV Momentum, and Structural Growth Drivers
RBC Capital Analyst forecast on MGNI
RBC Capital
RBC Capital
$20$27
Buy
45.87%
Upside
Reiterated
08/06/26
Wall Street Analysts Are Bullish on Top Communication Services Picks
Wolfe Research Analyst forecast on MGNI
Wolfe Research
Wolfe Research
$18$17
Buy
-8.16%
Downside
Reiterated
05/07/26
Analysts Offer Insights on Communication Services Companies: Walt Disney (NYSE: DIS), Cogent Comms (NASDAQ: CCOI) and Magnite (NASDAQ: MGNI)
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Wells Fargo Analyst forecast on MGNI
Wells Fargo
Wells Fargo
$21$22
Hold
18.85%
Upside
Reiterated
08/07/26
Wells Fargo Remains a Hold on Magnite (MGNI)
B. Riley Securities Analyst forecast on MGNI
B. Riley Securities
B. Riley Securities
$20$27
Buy
45.87%
Upside
Reiterated
08/06/26
Magnite price target raised to $27 from $20 at B. RileyMagnite price target raised to $27 from $20 at B. Riley
Bank of America Securities Analyst forecast on MGNI
Bank of America Securities
Bank of America Securities
Buy
Reiterated
08/06/26
Analysts Conflicted on These Communication Services Names: Playtika Holding (NASDAQ: PLTK) and Magnite (NASDAQ: MGNI)
Needham
$25
Buy
35.06%
Upside
Reiterated
08/06/26
Needham’s Laura Martin Reiterates Buy on Magnite, Keeps $25 Price Target Unchanged on Strong CTV-Driven Growth
Susquehanna Analyst forecast on MGNI
Susquehanna
Susquehanna
$22$30
Buy
62.07%
Upside
Reiterated
08/06/26
Magnite price target raised to $30 from $22 at SusquehannaMagnite price target raised to $30 from $22 at Susquehanna
Craig-Hallum Analyst forecast on MGNI
Craig-Hallum
Craig-Hallum
$22$28
Buy
51.27%
Upside
Reiterated
08/06/26
Craig-Hallum Sticks to Its Buy Rating for Magnite (MGNI)
Lake Street Analyst forecast on MGNI
Lake Street
Lake Street
$22$25
Buy
35.06%
Upside
Reiterated
08/06/26
Magnite price target raised to $25 from $22 at Lake StreetMagnite price target raised to $25 from $22 at Lake Street
Rosenblatt Securities Analyst forecast on MGNI
Rosenblatt Securities
Rosenblatt Securities
$39$40
Buy
116.10%
Upside
Reiterated
08/06/26
Magnite price target raised to $40 from $39 at RosenblattMagnite price target raised to $40 from $39 at Rosenblatt
Benchmark Co. Analyst forecast on MGNI
Benchmark Co.
Benchmark Co.
$30$33
Buy
78.28%
Upside
Assigned
08/06/26
Analysts Conflicted on These Communication Services Names: Advantage Solutions (NASDAQ: ADV), Criteo SA (NASDAQ: CRTO) and Magnite (NASDAQ: MGNI)
BTIG
$20$27
Buy
45.87%
Upside
Reiterated
08/06/26
Analysts Offer Insights on Communication Services Companies: Magnite (NASDAQ: MGNI) and Warner Music Group (NASDAQ: WMG)
Scotiabank Analyst forecast on MGNI
Scotiabank
Scotiabank
$17$27
Buy
45.87%
Upside
Reiterated
08/06/26
Magnite price target raised to $27 from $17 at ScotiabankMagnite price target raised to $27 from $17 at Scotiabank
Evercore ISI Analyst forecast on MGNI
Evercore ISI
Evercore ISI
$21$25
Buy
35.06%
Upside
Reiterated
08/06/26
Magnite Price Target Raised to $25 on Strong Q2 Beat, CTV Momentum, and Structural Growth Drivers
RBC Capital Analyst forecast on MGNI
RBC Capital
RBC Capital
$20$27
Buy
45.87%
Upside
Reiterated
08/06/26
Wall Street Analysts Are Bullish on Top Communication Services Picks
Wolfe Research Analyst forecast on MGNI
Wolfe Research
Wolfe Research
$18$17
Buy
-8.16%
Downside
Reiterated
05/07/26
Analysts Offer Insights on Communication Services Companies: Walt Disney (NYSE: DIS), Cogent Comms (NASDAQ: CCOI) and Magnite (NASDAQ: MGNI)
Stocks with the Highest Top Analyst Consensus in the Communication Services Sector
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GOOGAlphabet Class C
TTWOTake-Two
DISWalt Disney
LYVLive Nation Entertainment
Find stocks in the Communication Services sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Magnite

3 Months
Success Rate
19/29 ratings generated profit
66%
Average Return
+19.44%
Copying Laura Martin's trades and holding each position for 3 Months would result in 65.52% of your transactions generating a profit, with an average return of +19.44% per trade.
1 Year
Jason KreyerCraig-Hallum
Success Rate
33/43 ratings generated profit
77%
Average Return
+34.28%
Copying Jason Kreyer's trades and holding each position for 1 Year would result in 76.74% of your transactions generating a profit, with an average return of +34.28% per trade.
2 Years
Eric MartinuzziLake Street
Success Rate
17/17 ratings generated profit
100%
Average Return
+64.17%
Copying Eric Martinuzzi's trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +64.17% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

MGNI Analyst Recommendation Trends

Rating
Apr 26
May 26
Jun 26
Jul 26
Aug 26
Strong Buy
20
15
14
7
2
Buy
8
8
16
14
22
Hold
0
0
0
1
2
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
28
23
30
22
26
In the current month, MGNI has received 24 Buy Ratings, 2 Hold Ratings, and 0 Sell Ratings. MGNI average Analyst price target in the past 3 months is 28.00.
Each month's total comprises the sum of three months' worth of ratings.

MGNI Financial Forecast

MGNI Earnings Forecast

Next quarter’s earnings estimate for MGNI is $0.29 with a range of $0.18 to $0.34. The previous quarter’s EPS was $0.26. MGNI beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 56.25% of the time in the same period. In the last calendar year MGNI has Performed in-line its overall industry.
Next quarter’s earnings estimate for MGNI is $0.29 with a range of $0.18 to $0.34. The previous quarter’s EPS was $0.26. MGNI beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 56.25% of the time in the same period. In the last calendar year MGNI has Performed in-line its overall industry.

MGNI Sales Forecast

Next quarter’s sales forecast for MGNI is $190.18M with a range of $188.00M to $191.22M. The previous quarter’s sales results were $192.82M. MGNI beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 43.94% of the time in the same period. In the last calendar year MGNI has Performed in-line its overall industry.
Next quarter’s sales forecast for MGNI is $190.18M with a range of $188.00M to $191.22M. The previous quarter’s sales results were $192.82M. MGNI beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 43.94% of the time in the same period. In the last calendar year MGNI has Performed in-line its overall industry.

MGNI Stock Forecast FAQ

What is MGNI’s average 12-month price target, according to analysts?
Based on analyst ratings, Magnite, Inc.’s 12-month average price target is 28.00.
    What is MGNI’s upside potential, based on the analysts’ average price target?
    Magnite, Inc. has 51.27% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is MGNI a Buy, Sell or Hold?
          Magnite, Inc. has a consensus rating of Strong Buy which is based on 12 buy ratings, 1 hold ratings and 0 sell ratings.
            What is Magnite, Inc.’s price target?
            The average price target for Magnite, Inc. is 28.00. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $40.00 ,the lowest forecast is $22.00. The average price target represents 51.27% Increase from the current price of $18.51.
              What do analysts say about Magnite, Inc.?
              Magnite, Inc.’s analyst rating consensus is a Strong Buy. This is based on the ratings of 13 Wall Streets Analysts.
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